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Healthcare Services Expansion: The budget is $ 10,000,000. Question: Calculate Contribution Margin and total Profits or Loss based on 1 year. . Expected patients flow
Healthcare Services Expansion: The budget is $ 10,000,000.
Question:
Calculate Contribution Margin and total Profits or Loss based on 1 year.
. Expected patients flow = 1000 . Average charge per patient = $500 . Fixed cost = $9,500,000 . Variable cost = $1,000,000 . Profit/loss ???
Describe the outcome based on your budget in the context of positive or negative negative.
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